Jaitley suggested that it would be prudent to wait for sometime to assess a long-term trend. "One has to study the pattern over several months. It has started off well... one has to see how it progresses over the next few months," Jaitley told reporters about GST after a meeting of the Union Cabinet

Since most taxes levied by the state will get subsumed under GST post-July 1, Maharashtra government is looking at generating Rs 5,00010,000 crore through non-tax revenues in order to finance its mega farm loan waiver.